3 Reasons why i buying POWR for this 3 target trade.
*RSI has bottom out and its showing strenght of upwards trend on daily chart *CCI also showing upwards momentum on the volume side from the buyers *MACD is about to test cross on daily - still waiting confirmation
Lets see how it now plays out the next days. --------------------------------------------------------------- Remember stoploss with a target you can live with of the trade turns out wrong way.
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Next target is 2150 witch is the 200 days ema on the 2hours chart then 2300 after that, 2300 is also 200 days ema on 4hours chart.
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First and nearly second target reached, im setting now up a stoplimit around 12% gains since my enter.
Currently the price is trying to break the 200 ema on the 2hours chart.
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Im selling 75% as high i can now, i think it will take a small retrace to test median and the 200ema on short timeframe.. 30min...
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Stoploss around 2100 - 2110
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Trade closed manually
Im currently out of this trade with around 20% gains. Sold from 2135 to the top.
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